Cascade Communications (CSCC) Message Board

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Technology Stocks : Cascade Communications (CSCC)

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To: Bull4Now who wrote (2455)	2/24/1997 4:24:00 PM
From: zeuschan	of 3743

Bull4Now, Smith's selling of 15% of his CSCC share (rumor ?) indicates only one thing: he thinks the stock has further to go (down) as a result, he is limiting his exposure to the down side. Forget about selling every quarter (as a habit). You wouldn't do that if you know the stock is greatly undervalued. Assume CEO knows more about the company than you and I. I am still shooting for $14-$16 a share, though I am making money if I sell at today closing price.

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